Director of UK Steel, Gareth Stace comments on the European Commission’s announcement of definitive anti-dumping duties

Commenting on the European Commission’s announcement of definitive anti-dumping duties on hot-rolled coils of Chinese origin, Gareth Stace, Director of UK Steel, said:

"This is a welcome decision by the Commission given the continued efforts by China to undermine European steelmakers by dumping cheap steel on to the market. So long as China avoids taking steps to tackle its own issues with overcapacity and, fails to adhere to the principle of free trade which is the lifeblood of the steel sector then such duties are going to be necessary to ensure we don’t pay the price here in the UK and across Europe."

NB: The European Commission has imposed definitive anti-dumping duties on hot-rolled coils of Chinese origin, ranging from 18.1% to 35.9%